Albertsons (ACI) EVP Backus receives dividend equivalent RSU credits
Rhea-AI Filing Summary
Albertsons Companies EVP Retail Operations East Robert Backus reported automatic grants of dividend equivalent units tied to existing equity awards. On February 6, 2026, he acquired several blocks of Dividend Equivalent Units at a price of $0.00 per unit, increasing his holdings in these derivative units to amounts including 5,663, 26,365, 36,818, 69,825, 15,856 and 35,636 units under different awards.
The footnotes explain that each time-based restricted stock unit represents the right to receive one share of Albertsons Class A common stock, with vesting dates on February 28, 2026, February 27, 2027, February 26, 2028 and May 1, 2027, subject to continued employment. Additional RSUs were credited as dividend equivalents on performance-based RSUs, based on a quarterly dividend of $0.15 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units | 46 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 217 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 303 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 574 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 51 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 37 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 88 | $0.00 | -- |
Footnotes (1)
- Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. The Time-Based award will vest in full on Feb-28-2026 Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. The Time-Based award will vest in full on Feb-27-2027, as long as the reporting person remains continuously employed through such respective date. Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. The Time-Based award will vest in full on Feb-26-2028, as long as the reporting person remains continuously employed through such respective date. Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. The Time-Based award will vest in full on May-01-2027, as long as the reporting person remains continuously employed through such respective date. Restricted stock units ("RSUs") credited to the reporting person's account as dividend equivalents on accrued performance based RSUs, which will vest and settle with the underlying awards. The reported number is the quarterly dividend equivalent to $0.15 per share of common stock